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Use Edmond's True Cost to Own (TCO) tool to do the following: 1. Select a make, model, year, and style of car. a. Select an

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Use Edmond's True Cost to Own (TCO) tool to do the following: 1. Select a make, model, year, and style of car. a. Select an odd model year. 2. Click "Go" and find the Total Cash Price. a. Write an ordered pair: (t, value), in which t is time from purchase and value is the current value of the car. In this case, it would be (0, Total Cash Price). 3. Find the amount of depreciation in 1 year. Determine the average rate of change (slope) in one year. a Write an ordered pair for the 1-year value, which is (1, value after 1 year). 4. Find the total depreciation after 5 years. a. Write an ordered pair for the 5-year value, which is (5, value after 5 years). 5. Determine the following two average rates of change (slope) in the value of the car. a. Average rate of change over 1 year b. Average rate of change over 5 years 6. What is the practical meaning of the average rate of change over 5 years? Title your post the year, make, and model of your car. Here is the beginning of an example to help you get started: Make: Ford Model: Mustang Convertible Year: 2019 Model: Ecoboost 2dr Coupe (2.3L 4cyl Turbo 6M) The Discussion Question post title is "2019 Ford Mustang Convertible." Total Cash Price: $29,567 ordered pair: (0, 29,567) 1-year depreciation: $7904 ordered pair: (1, 21,663) 5-year depreciation: $14,290 [Note: this is the Total depreciation over the 5 years] ordered pair: (5, $15,277) Average rate of change over 1 year: (21,663-29,567)/(1-0)=-7,904 Use Edmond's True Cost to Own (TCO) tool to do the following: 1. Select a make, model, year, and style of car. a. Select an odd model year. 2. Click "Go" and find the Total Cash Price. a. Write an ordered pair: (t, value), in which t is time from purchase and value is the current value of the car. In this case, it would be (0, Total Cash Price). 3. Find the amount of depreciation in 1 year. Determine the average rate of change (slope) in one year. a Write an ordered pair for the 1-year value, which is (1, value after 1 year). 4. Find the total depreciation after 5 years. a. Write an ordered pair for the 5-year value, which is (5, value after 5 years). 5. Determine the following two average rates of change (slope) in the value of the car. a. Average rate of change over 1 year b. Average rate of change over 5 years 6. What is the practical meaning of the average rate of change over 5 years? Title your post the year, make, and model of your car. Here is the beginning of an example to help you get started: Make: Ford Model: Mustang Convertible Year: 2019 Model: Ecoboost 2dr Coupe (2.3L 4cyl Turbo 6M) The Discussion Question post title is "2019 Ford Mustang Convertible." Total Cash Price: $29,567 ordered pair: (0, 29,567) 1-year depreciation: $7904 ordered pair: (1, 21,663) 5-year depreciation: $14,290 [Note: this is the Total depreciation over the 5 years] ordered pair: (5, $15,277) Average rate of change over 1 year: (21,663-29,567)/(1-0)=-7,904

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